The baking ingredients market is projected to grow at a CAGR of
5.2% from 2015 to reach a projected value of USD 15.19 Billion by 2020.

Ingredients such as enzymes improve protein solubility and reduce
bitterness in end products, making enzymes one of the most preferred
ingredients in the baking industry. With heavy investment in R&D, new
applications such as protein-based fat replacements, flavor enhancements,
textural improvements, are emerging rapidly, and prolonging the shelf life of
products. Baking ingredients offer several advantages such as reduced costs,
volume enhancement, texture, color, and flavor enhancement. Hence, baking
ingredients will be viewed as a business opportunity in the next five years. As
a result, many multinational players have entered into the production of varied
types of baking ingredients.

Baking powder & mixes to dominate the baking ingredients
market

The baking powders & mixes segment accounts for the largest
share in the baking ingredients market, followed by oils, fats & shortenings.
The enzymes segment is expected to grow at the highest CAGR in terms of value.

Ingredients offering similar functionalities are facing fierce
competition due to raw material availability and production costs. For
instance, usage of enzymes in baking restricts the growth of emulsifiers in
baking applications.

Bread: The most consumed baked product globally

Bread segment accounted for the largest share in the baking
ingredients market in terms of both, value as well as volume. However, the
cakes & pastries segment is projected to grow at the highest CAGR due to
increasing demand from developing economies.

Increasing consumption of baked foods in developed and developing
countries to boost the baking ingredients market

Developing economic in the Asia-Pacific, Latin America, Eastern
Europe, and the Middle East regions are prospering in terms of increasing GDP
with the working population on the rise. There is a noticeable increase in the
disposable incomes of consumers in these regions, enabling them to spend more
on ready-to-eat products and baked goods. Increasing per capita consumption of
bread and other baked goods in this region is another driver for the baking
ingredients market.

This report includes a study of marketing and development
strategies, along with the product portfolios of leading companies. It includes
the profiles of leading companies such as Royal DSM N.V. (The Netherlands),
Corbian N.V. (The Netherlands), Cargill, Inc. (U.S.), Kerry Group plc
(Ireland), and Associated British Foods Limited (U.K.).

The report covers the emulsifiers, leavening agents, enzymes,
baking powder & mixes, starch, oils, fats & shortenings, colors &
flavors segments in terms of value and volume. In terms of insights, this
research report has focused on various levels of analysis industry analysis,
market share analysis of top players, and company profiles, which together
comprise and discuss the basic views on the competitive landscape, emerging
& high-growth segments of the global baking ingredients market, high-growth
regions, countries, and their respective regulatory policies, government
initiatives, drivers, restraints, and opportunities.

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